An increase in the US demand for pound causes
a. An appreciation of the pound
b. Depreciation in the dollar
c. None of the above
d. Both a and b
d
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A coffee shop owner has surveyed all her customers about the frozen mocha drinks they will buy. What kind of table might she use the show the information?
a. individual demand schedule b. market demand schedule c. individual demand curve d. market demand curve
In recent years unemployment rates in several European countries have been higher than unemployment rates in the United States. Many economists believe that European unemployment rates have been higher because
A) European firms hire many seasonal workers from other countries, and this tends to inflate unemployment rates in their countries. B) of the different methods used to measure unemployment. If similar methods were used, unemployment rates in Europe and the United States would be about the same. C) the size of the military is much larger in the United States and all military personnel are classified as employed. D) unemployment benefits are more generous in Europe than in the United States.